FEFU will participate in the development of Korean-Russian innovation platform

© RIA Novosti / Vitaly to Incomerate in photobacteria far Eastern Federal University on island Russian in Vladivostok. Archival photoFEFU will participate in the development of Korean-Russian innovation platform© RIA Novosti / Vitaly to Uncovereth the image Bank

Far Eastern Federal University and the Korean Institute of industrial technology (KITECH) signed a Memorandum of understanding, they will participate in the creation of the Korean-Russian innovation platform and launch startups in Technopark «Russian» in the Russian University, according to the University.

On the establishment of the Korean-Russian innovation platform announced in June, the presidents of Russia and South Korea.

«The University and KITECH have agreed to cooperate in the development of innovative technologies, carrying out of physico-chemical research and the practical implementation of their results», — stated in the message.

«Russian and South Korean scientists will jointly carry out research and development work in the field of rare metals to develop advanced technologies related to production, processing, recovery and purification of metals. An important aspect of cooperation will also become the legal aspect of technology transfer for industrial applications subject to the requirements of the legislation of both countries,» — said the University.

Pro-rector dvfu under the international relations Victoria Panova added that this project will serve as a hub for innovative cooperation between South Korea and Russia.